The difference between a bank's reserves and its required reserves is:

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Reserves refer to the amount of funds that a bank holds to meet its obligations to depositors or for legal requirements. Required reserves are the minimum amount that a bank must hold as mandated by the central bank. Excess reserves are the amount of reserves that a bank holds above the required reserves. Therefore, the difference between a bank's reserves and its required reserves is excess reserves. The other options are not related to the concept of reserves and required reserves.

The Difference Between a Bank's Reserves and Its Required Reserves